Universal Uranium Receives Preliminary Assessment on St. Georges Bay Propertyadmin
Universal Uranium Ltd. report that North Rim Exploration Ltd. has completed a Preliminary Resource Assessment Study on the Company’s 100% owned St. Georges Subbasin Project, located in western Newfoundland.
The study concludes that the project warrants being advanced and recommends additional work to be conducted in the form of ground truthing, ground gravity surveys and possible drill testing based on gravity features. It also reports that the property not only has potash potential but also potential for uranium, coal and other base metals.
North Rim geologists will visit Pasadena, NL in late October in order to document the cores of the historical drill holes in the area and try to locate the coal occurrences that are in the historic data as being on the property.
Universal Uranium Ltd. is a publicly held Canadian exploration company focused on acquiring, exploring and developing mineral properties located in favorable geo-political climates. The company is led by a highly skilled, experienced board and management team with significant successes in managing early stage mineral exploration companies.